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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 6-K

 


 

Report of Foreign Issuer

 

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

 

For the month of March, 2007

 

Commission File Number: 001-14475

 


 

TELESP HOLDING COMPANY

(Translation of registrant's name into English)

 


 

Rua Martiniano de Carvalho, 851 - 21 andar

São Paulo, S.P.

Federative Republic of Brazil

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F  x          Form 40-F  

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

 

Yes            No  x

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

 

Yes            No  x

 

Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:

 

Yes            No  x

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A

 



TELESP HOLDING COMPANY

 

TABLE OF CONTENTS

 

Item

   
1.   Press Release entitled "Telecomunicações de São Paulo S.A. - Telesp - Notice to the Market - Complement 2" dated on March 29, 2007.

 


TELECOMUNICAÇÕES DE SÃO PAULO S.A. - TELESP

Notice to the Market – Complement 2

March 29, 2007 (01 pages)
For more information, please contact:
Daniel de Andrade Gomes
Telesp, São Paulo, Brazil
Tel.: (55-11) 3549-7200
Fax: (55-11) 3549-7202
E-mail: dgomes@telefonica.com.br
URL: www.telefonica.com.br

(São Paulo, Brazil – March 29, 2007) Telecomunicações de São Paulo S/A – TELESP (NYSE: TSP; BOVESPA: TLPP) hereby informs that complementing the previous communicate, on this date, the Company notifies to its shareholders and financial market, in general, that the Annual Shareholder Meeting held on March 29, 2007, approved by unanimity the proposal for dividend allocation in the amount of R$705,631,863.34, as follows:

Type of Shares    Common    Preferential (*) 



Value per share: R$    1.307779888993    1.438557877892 



(*)10% higher than established by the article 7º of the Company’s Bylaw, for each common share.    

 



SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

        TELESP HOLDING COMPANY

Date:

  March 29, 2007  

By:

 

/s/ Daniel de Andrade Gomes


       

Name:

 

Daniel de Andrade Gomes

       

Title:

 

Investor Relations Director